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Jul 22, 2011
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but a big, sophisticated attack is how this official is putting it. and they also said it could be international, or it could be domestic norwegian. again, very early to make that assumption or that conclusion. >> right. early hours, a lot of information still to come out. i appreciate it. . let's continue this breaking news coverage with my colleague wolf blitzer. >>> a bombing shatters norway to its core. and a shooting at a youth camp. president obama asking for a dialling back of the demonizing. ten days before the deadline, one republican plan gets a firm smackdown in the u.s. senate. and some surprising new movement in the republican presidential race. we're going to tell you who's suddenly making a strong impression on potential voters. i'm wolf blitzer in "the situation room." the breaking news this hour, a city known for peace making is reeling in terror. norwegian leaders holding a crisis meeting tonight after a deadly bomb attack in oslo and the shooting at a labor party youth camp outside the norwegian capital. at least seven people were k
but a big, sophisticated attack is how this official is putting it. and they also said it could be international, or it could be domestic norwegian. again, very early to make that assumption or that conclusion. >> right. early hours, a lot of information still to come out. i appreciate it. . let's continue this breaking news coverage with my colleague wolf blitzer. >>> a bombing shatters norway to its core. and a shooting at a youth camp. president obama asking for a dialling...
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Jul 17, 2011
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-- this is too big -- this is too big an issue to play chicken with. >> and you have said that you think the debt ceiling has to be raised? >> america shouldn't default. and i sympathize with the people who say secretary geithner could be exaggerating. but i sure as heck don't want to test that, and i can tell you one thing, there's nothing good about defaulting. that isn't a good thing to do, particularly for those of us who are conservative republicans who have a great deal of sense that, you know, you've got to have a balanced budget, you've got to pay your debts, you've got to kind of work these things out, you can compromise somewhat but you can't compromise too much. so i hope -- >> if you were sitting at the table, would you say, yeah, i'll agree to closing loopholes on oil and gas companies for 1.5 or 2.5 or any amount of spending? >> i wouldn't do tax increases as a way to compromise. >> none. >> if we compromise, let's compromise about spending decreases and the extent of them because we would like to go a lot further than the democrats would go, and i think there's area for ne
-- this is too big -- this is too big an issue to play chicken with. >> and you have said that you think the debt ceiling has to be raised? >> america shouldn't default. and i sympathize with the people who say secretary geithner could be exaggerating. but i sure as heck don't want to test that, and i can tell you one thing, there's nothing good about defaulting. that isn't a good thing to do, particularly for those of us who are conservative republicans who have a great deal of...
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Jul 19, 2011
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what you'd get under the big-ticket scenario is a drawing off the line. that's your $172 billion. the government is out of money if you don't increase the debt ceiling. what gets cut? military pay. wouldn't get their checks under this scenario. veterans checks, irs refund. if you're waiting for one you wouldn't get it. nutrition services, foods stamps, wouldn't get paid. federal salaries, education department, other and you heard him mention foreign aid to the palestinians. you have to make the choices and cut it off right here. that's one way. suppose you decided instead we'll put a priority on the social safety net. under this scenario, interest gets paid, social security gets paid, medicare and medicaid and those nutrition services that got cut off last time, you could pay them. housing grants would go out. veterans affairs, unemployment, education and tuition assistance. but under this set of priorities your line is down here and then you're at or slightly above that $172 billion. you cover most of the social safety net here but defense vendors wouldn't get paid. active duty m
what you'd get under the big-ticket scenario is a drawing off the line. that's your $172 billion. the government is out of money if you don't increase the debt ceiling. what gets cut? military pay. wouldn't get their checks under this scenario. veterans checks, irs refund. if you're waiting for one you wouldn't get it. nutrition services, foods stamps, wouldn't get paid. federal salaries, education department, other and you heard him mention foreign aid to the palestinians. you have to make the...
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Jul 7, 2011
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so you think funding is the big issue? >> funding is a big issue and the desire to do it. >> desire. what about looking ahead to tomorrow? we heard about possible -- they are evaluating possibly this lightning strike from the site of the launchpad, it's supposed, to fingers crossed, 11:26 tomorrow morning, and, you know, that question is sort of pervasive through all the conversations out here. do you think it's going to happen? when do you think it will happen? do you have any intel, mr. crippen? do you know. >> as far as the lightning strike, i do know they have lots of instrumentation out at the pad. they can go look at that to see whether they think the vehicle needs to go through more testing to make sure it didn't impact it. the big if in my opinion is the weather. there's a high probability of rain. you can't fly the shuttle through rain. some probability of lightning. don't want to get involved with that, but i've seen the weather forecast to be a lot worse, and it all of a sudden it clears and we'd launch. the wea
so you think funding is the big issue? >> funding is a big issue and the desire to do it. >> desire. what about looking ahead to tomorrow? we heard about possible -- they are evaluating possibly this lightning strike from the site of the launchpad, it's supposed, to fingers crossed, 11:26 tomorrow morning, and, you know, that question is sort of pervasive through all the conversations out here. do you think it's going to happen? when do you think it will happen? do you have any...
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Jul 30, 2011
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olivia wilde's eyes were very big. it's really just they didn't care who lived or died and i have a small problem with that. >> so you didn't love the characters? >> i didn't really care one way or the other. but i did see aliens explode. so it did have that going for it. you kind of go to this movie to see, you know, a lot of crazy action and explosions and also daniel craig looking preposterously good in chaps. >> of course, it's bond, james bond. >> it was just okay. >> so you gave smurf f somebody says your grade here, you said just okay. >> perfectly average so i give it a c. i think there are stronger movies, especially last week "captain america" coming out, i think this will blow that out of the water. it's fun, but -- >> c for cowboys? >> c for cowboys and c for -- i don't know what. kind of a ho hum week. >> oh, darn. okay, well, i'm glad you were honest with us. as you always are. >> as i am. better luck next week and "crazy stupid love" is in the theaters which is definitely an a-plus movie. steve correll,
olivia wilde's eyes were very big. it's really just they didn't care who lived or died and i have a small problem with that. >> so you didn't love the characters? >> i didn't really care one way or the other. but i did see aliens explode. so it did have that going for it. you kind of go to this movie to see, you know, a lot of crazy action and explosions and also daniel craig looking preposterously good in chaps. >> of course, it's bond, james bond. >> it was just okay....
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Jul 19, 2011
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go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> 15 days until the treasury says it will run out money. a tea party leader says don't raise the debt seeing and he says president obama is lying about the consequences if we don't. "keeping them honest" about what many republicans believe is central to solving the long-term problem. a constitutional amendment to balance the budget. they vote on "cup, cap and balance." cutting spending to 2004 levels and caps it and freezes it right there and calls for a balanced budget amendment to the constitution. >> all that we ask in this bill is that we simply allow the states to weigh in, should the federal government live under a balanced budget amendment. should they do that? >> i don't understand why people won't vote for the a balanced budget amendment because it's the only discipline that will ever force the politics of washington to meet the responsibilities of washington. >> let's do something historic. let's, for the first time in american
go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> 15 days until the treasury says it will run out money. a tea party leader says don't raise the debt seeing and he says president obama is lying about the consequences if we don't. "keeping them honest" about what many republicans believe is central to solving the long-term problem. a constitutional amendment to balance the budget. they vote on...
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Jul 21, 2011
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the big deal is really the deal they should make. i don't like the deal where we kick it down the road for six months. this is the time to make the deal. and i have to tell you, the republicans have the cards. people might not think that, but the republicans have all of the cards. and this is the time to get rid of obama care. this is the time to make the great deal. >> i've been following you on twitter, and you've been pretty aggressive about obama on the economy. you believe that he can't stop spending and that america has to stop spending. one of his beliefs, of course, is that he's got to get rid of these tax incentives for the rich. and look after the guys with no money. why would you oppose that as an ideology? >> well, you know, it's a different world today, piers, where people in this country can form companies in foreign countries, where they pay very little tax, much less tax. and once you start taxing -- and i'm not talking about me. but once you start taxing people that do create jobs and do createness create businesses,
the big deal is really the deal they should make. i don't like the deal where we kick it down the road for six months. this is the time to make the deal. and i have to tell you, the republicans have the cards. people might not think that, but the republicans have all of the cards. and this is the time to get rid of obama care. this is the time to make the great deal. >> i've been following you on twitter, and you've been pretty aggressive about obama on the economy. you believe that he...
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Jul 19, 2011
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what you'd get under the big-ticket scenario is a drawing off the line. that's your $172 billion. the government is out of money if you don't increase the debt ceiling. what gets cut? military pay. wouldn't get their checks under this scenario. veterans checks, irs refund. if you're waiting for one you wouldn't get it. nutrition services, foods stamps, wouldn't get paid. federal salaries, education department, other and you heard him mention foreign aid to the palestinians. you have to make the choices and cut it off right here. that's one way. suppose you decided instead we'll put a priority on the social safety net. under this scenario, interest gets paid, social security gets paid, medicare and medicaid and those nutrition services that got cut off last time, you could pay them. housing grants would go out. veterans affairs, unemployment, education and tuition assistance. but under this set of priorities your line is down here and then you're at or slightly above that $172 billion. you cover most of the social safety net here but defense vendors wouldn't get paid. active duty m
what you'd get under the big-ticket scenario is a drawing off the line. that's your $172 billion. the government is out of money if you don't increase the debt ceiling. what gets cut? military pay. wouldn't get their checks under this scenario. veterans checks, irs refund. if you're waiting for one you wouldn't get it. nutrition services, foods stamps, wouldn't get paid. federal salaries, education department, other and you heard him mention foreign aid to the palestinians. you have to make the...
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Jul 30, 2011
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there is big cracks in the ground where they were just little cracks. and it is just getting worse. >> unbelievable. another sign of the worsening drought this week is ponds evaporate, ranchers are selling their cattle early at a loss. this is likely to translate into higher food prices for all of us. >>> just three days until possible default and still no solution in sight. the u.s. senate rejected a u.s. house plan to raise the debt ceiling last night. and in just a few minutes or so, the house is expected to block a senate plan to raise the debt ceiling. democrats and republicans continue to spar on capitol hill. >> this is not a crisis which we couldn't control. this isn't an earthquake or a tornado or a hurricane. it isn't a war. it is a created political crisis. the extension of the debt ceiling has been done routinely 89 times since 1939, 55 times by republican presidents, 34 times by democratic presidents, and president ronald reagan holds the record having extended the debt ceiling 18 times in eight years without a confrontation, without the am
there is big cracks in the ground where they were just little cracks. and it is just getting worse. >> unbelievable. another sign of the worsening drought this week is ponds evaporate, ranchers are selling their cattle early at a loss. this is likely to translate into higher food prices for all of us. >>> just three days until possible default and still no solution in sight. the u.s. senate rejected a u.s. house plan to raise the debt ceiling last night. and in just a few minutes...
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Jul 13, 2011
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people who are not signing are not making the big commitment to iowa. the republican party almost -- you must not win iowa. >> i hear 24 about dumping iowa caucus every four years. hasn't happened. probably won't happen. it looks like iowa has a lock. >> i'm an evangelical. my wife is an ordained minister, i'm a christian author. i think this pledge is stupid and idiotic. so for those republicans who are refusing to sign it, i agree with them. if you're married when you stood at that altar and pledged before god, that's the commitment you made. also if you are elected, you have to recite a pledge in the constitution. that's the only one that matters. so this is ridiculous. it's simply detracts. now they have to explain the slavery language wrz the rest of the people saying i'm not dealing with that nonsense. this has nothing to do with the real issues that people are thinking about. >> black people had it better under slavery as opposed to now. >> the pledge point is very powerful. why allow your commitment to be segmented by these different groups. and
people who are not signing are not making the big commitment to iowa. the republican party almost -- you must not win iowa. >> i hear 24 about dumping iowa caucus every four years. hasn't happened. probably won't happen. it looks like iowa has a lock. >> i'm an evangelical. my wife is an ordained minister, i'm a christian author. i think this pledge is stupid and idiotic. so for those republicans who are refusing to sign it, i agree with them. if you're married when you stood at...
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Jul 23, 2011
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we have this big dome or big area of high pressure that's been sitting over the nation's mid-section in the east just baking. that's where you're seeing this heat building. this stretches miles into the atmosphere and that's why we call at it dome. it looks like those covers you put over your dinner plate. it looks like that. that cooler air finally drift southward. that's why we're seeing showers and thunderstorms along the cold front but make it feel better and boston and say new york city as we head into tomorrow. let's do show you a couple of those thunderstorms. here's our radar map to see where they have been blowing on through across the upper midwest, throughout the great lakes and cleveland just about to get hit there as well. a few of these thunderstorms can be severe, ton. mainly wind makers and maybe some hail. >> thank you, jacqui jeras. we have some developing news for you. working in washington where lawmakers and president obama are trying to reach a deal on raising the debt ceiling. there could possibly be some movement. what's going on? >> reporter: i'm standing in
we have this big dome or big area of high pressure that's been sitting over the nation's mid-section in the east just baking. that's where you're seeing this heat building. this stretches miles into the atmosphere and that's why we call at it dome. it looks like those covers you put over your dinner plate. it looks like that. that cooler air finally drift southward. that's why we're seeing showers and thunderstorms along the cold front but make it feel better and boston and say new york city as...
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Jul 18, 2011
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. >> mark zandi, we can pass august 2nd and it won't be a big deal. i'll give you a few seconds to look them in the eye and say, you're wrong. >> yeah, i think you're wrong. now, of course, i don't know for sure. this is unprecedented but there is a $23 billion social security payment due on august 3rd that is not at all clear that there will be enough cash in the treasury to make that payment. so i think david is right. why would you want to take that chance? tp doesn't make sense. not for the social security recipients or for the economy or entire global financial system. >> david walker, the president meets with speaker boehner over the weekend and they are clearly not making any tangible progress. the house will go forward this week and senate will most likely vote on a balanced budget amendment and some other things that simply, to be honest, can't pass or even if they did pass the president would veto. they will move to the mcconnell plan and convince the republicans that they have your vote. do those votes undermine confidence in the market in
. >> mark zandi, we can pass august 2nd and it won't be a big deal. i'll give you a few seconds to look them in the eye and say, you're wrong. >> yeah, i think you're wrong. now, of course, i don't know for sure. this is unprecedented but there is a $23 billion social security payment due on august 3rd that is not at all clear that there will be enough cash in the treasury to make that payment. so i think david is right. why would you want to take that chance? tp doesn't make sense....
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it has a big impact on everyone. and that's what they should take into consideration, who will be impacted by this and how will they impact future generations. >> reporter: students getting pell grants could be among the first to feel any impact. pell programs have been on the chopping block since republicans took over the house. a recent round of cuts slashed pell grants for summer school, fred. >> so what are, you know, the student aid agencies actually saying about this, those who are actually giving out grant scholarships, et cetera. >> administrators simply don't know that is going to happen. and we talked to the department of education and they're telling us they're trying to work out the details about what might happen. so at this time, big question mark about what is next. >> whole lot of waiting and seeing. all right, thanks so much. susan candiotti in new york. >>> with democrats, republicans and tea party supporters still debating, the debt ceiling, many business owners around the country fear a new downtu
it has a big impact on everyone. and that's what they should take into consideration, who will be impacted by this and how will they impact future generations. >> reporter: students getting pell grants could be among the first to feel any impact. pell programs have been on the chopping block since republicans took over the house. a recent round of cuts slashed pell grants for summer school, fred. >> so what are, you know, the student aid agencies actually saying about this, those...
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Jul 25, 2011
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that's our big question at this point. has the economy suffered any kind of a little bit of a setback. growing more slowly than we had thought or hoped. that's what we'll be looking at this week. it's interesting, there's a conundrum here. corporate profits that have been doing quite well, we're going to be hearing more and more from big companies about how their profits are, but what you're hearing from the ceos, while the profits are coming back, they're finding that the u.s. economy as a whole is subpar so that's what we'll be looking forward to see how that's playing out this week. >> so good to have you back on the show and i will see you in 25 minutes on "american morning." >> 25 minutes. >> and i hope you got a good night of sleep last night because i think you and i will be working hard this week with this debt ceiling stuff. >> i think you're right. >>> now back to our businessman special, apple wants to build the largest store in the world in new york city's grand cen stral station. proposing a 23,000 foot store
that's our big question at this point. has the economy suffered any kind of a little bit of a setback. growing more slowly than we had thought or hoped. that's what we'll be looking at this week. it's interesting, there's a conundrum here. corporate profits that have been doing quite well, we're going to be hearing more and more from big companies about how their profits are, but what you're hearing from the ceos, while the profits are coming back, they're finding that the u.s. economy as a...
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Jul 10, 2011
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we're talking about big washington law firms. we're talking about lobbying firms, and things like pricewaterhouse. good companies, but to say that you're protecting small businesses and mom-and-pops is just dead wrong. it's counterfactual. i think we should put an end to that myth right now. what they're protecting are big corporate special interests, oil and gas company, corporate jets, those kind of entities. >> their argument is, look, we -- a lot of republicans say, fine, we think some of these loopholes ought to go but in order to do that we have to have tax reform which we can't get really get between now and august 2nd. if they would agree to that in exchange for some sort of deal that would say we have to have tax reform by date certain, would you go for that? >> we're all for tax reform. we think we should bring down the corporate rate, expand the base -- >> it's part of the price of getting them to agree to something. >> yeah, and part of that could go to debt reduction. here's the republican position. but not one penny
we're talking about big washington law firms. we're talking about lobbying firms, and things like pricewaterhouse. good companies, but to say that you're protecting small businesses and mom-and-pops is just dead wrong. it's counterfactual. i think we should put an end to that myth right now. what they're protecting are big corporate special interests, oil and gas company, corporate jets, those kind of entities. >> their argument is, look, we -- a lot of republicans say, fine, we think...
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Jul 19, 2011
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and big mistakes were made. and when it came to the phone hacking of the young missing girl, utter outrages. and everybody shares that view. >> piers, i know you're going to have more on this. we'll be watching 9:00. eastern. thanks very much for coming in. >> thank you, wolf. take care. >> anyone who gets migraine headaches knows they can be debilitating. michele bachmann apparently gets them as well. could that be a pro-b for her presidential campaign? and refugees from somalia threatened by drought and starvation. cnn is using its global resources to expose this crisis to the world. supervisor is genius...i transfer. transfer! transfer! transfer! transfer! transfer! hello...my name is... peggy? come on!!! hello? want better customer service? switch to discover. ranked #1 in customer loyalty. it pays to discover. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and ru
and big mistakes were made. and when it came to the phone hacking of the young missing girl, utter outrages. and everybody shares that view. >> piers, i know you're going to have more on this. we'll be watching 9:00. eastern. thanks very much for coming in. >> thank you, wolf. take care. >> anyone who gets migraine headaches knows they can be debilitating. michele bachmann apparently gets them as well. could that be a pro-b for her presidential campaign? and refugees from...
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Jul 18, 2011
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he'd certainly be a very big name. he took over as governor after george bush left as governor to become president. paul, always a pleasure to talk to you, my friend. here are three things that you have to put on your radar for today. for this week. tomorrow, news corporation owner rupert murdock and his son james are scheduled to appear before british politicians to answer questions over the widening phone-hacking scandal. thursday the shuttle "atlantis" crew is due to land. we'll bring it to you live but i'm going to talk to them live on wednesday morning. also thursday, it will be the first official day the new consumer financial protection bureau goes into business. the bureau is intended to make basic financial practices like taking out a mortgage or a loan clearer and more transparent while ferreting out unfair lending practices. >>> let's take a look at sports. for hours and hours last night the boston red sox were tied with the tampa bay rays. the score 0-0. it took 16 innings. the red sox finally scored. for a
he'd certainly be a very big name. he took over as governor after george bush left as governor to become president. paul, always a pleasure to talk to you, my friend. here are three things that you have to put on your radar for today. for this week. tomorrow, news corporation owner rupert murdock and his son james are scheduled to appear before british politicians to answer questions over the widening phone-hacking scandal. thursday the shuttle "atlantis" crew is due to land. we'll...
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Jul 8, 2011
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that's kind of the next big question. coming up next hour, i also want to share some sound from a woman who was just breathless, wiping away tears. this particular launch was so emotional for her and the three generations of family she brought here to florida. back to you. >> brooke, thanks so much. we'll see you next hour. >>> well, they were promised a revolution. so far all they've gotten is a bunch of talk. up next, tens of thousands of protestors pack egypt's tehrer square. their message? give us reform now. >>> plus a horrifying story out of texas caught on camera. a fan trying to catch a ball falls 20 feet. that is coming up next. ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ you can do this... get the ball, girl. hmmm, you can't do that. but you can do this. bengay pain relief + massage with penetrating nubs plus the powerful pain relief
that's kind of the next big question. coming up next hour, i also want to share some sound from a woman who was just breathless, wiping away tears. this particular launch was so emotional for her and the three generations of family she brought here to florida. back to you. >> brooke, thanks so much. we'll see you next hour. >>> well, they were promised a revolution. so far all they've gotten is a bunch of talk. up next, tens of thousands of protestors pack egypt's tehrer square....
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Jul 8, 2011
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canada a big highlight, a big tour, and william's pleased with how things have gone there. we'll see if that sort of kate mania as they're calling it translates to the u.s. when they come here later. >> what is the plan for l.a.? >> reporter: well, this is their first stop and it's the beverly hilton, as you can see, preparations under way. car's going to come in over there and then go into the hotel behind me. it's a new media event, it's about promoting british new media companies to americans. it's all about promoting british interests this trip. after they've taken part in the conference here, they're going to head up to the uk console general's residence where they're staying here and there's a reception there. you might see a few famous faces, everyone desperate of course to see the couple next to celebrities. we'll see what happens later on. we haven't got a guest list yet. >> they're used to press and press has been following them around but you're in l.a. now. you've got pop rpaparazzi to del with. any plans made to keep the paparazzi under control? >> reporter: a
canada a big highlight, a big tour, and william's pleased with how things have gone there. we'll see if that sort of kate mania as they're calling it translates to the u.s. when they come here later. >> what is the plan for l.a.? >> reporter: well, this is their first stop and it's the beverly hilton, as you can see, preparations under way. car's going to come in over there and then go into the hotel behind me. it's a new media event, it's about promoting british new media companies...
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Jul 21, 2011
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thank you, my friend. >>> our big story, big story this morning. "atlantis" is heading home. right now it is flying over the pacific ocean. this is not just any shuttle landing, this is the final landing of the space program, of the space shuttle program. watch the landing live this hour right here on cnn in less than half an hour. >>> first, get ready for the struggle today. it is national day of tug-of-war. when you go to work, have some laughs, get out some frustration, take the staff out back for a quick tug. if that's just too much for you, there are tug-of-war apps for your smartphone, believe it or not. it is national day of tug-of-war. 21mint after the hour. [ diane lane ] is your anti-wrinkle cream gone... but not your wrinkles. new neutrogena® rapid wrinkle repair. its retinol formula smoothes wrinkles in just one week. why wait if you don't have to. neutrogena®. >>> 23 minutes after the hour. here are three things you need to have on your radar today. 10:00 a.m. eastern -- the federal election commission holds an open hearing reviewing an audit of john edwards' 2
thank you, my friend. >>> our big story, big story this morning. "atlantis" is heading home. right now it is flying over the pacific ocean. this is not just any shuttle landing, this is the final landing of the space program, of the space shuttle program. watch the landing live this hour right here on cnn in less than half an hour. >>> first, get ready for the struggle today. it is national day of tug-of-war. when you go to work, have some laughs, get out some...
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Jul 30, 2011
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one of the big i guess thought processes on both sides is who loses most. if america goes to default. obviously, number one, the american people. but would it be a massive blow to the democrats or more of a blow to republicans? >> i think it will be a blow to both, probably roughly equal, depending on how you look at it. and i believe it would have to lay mostly at the feet of the president. chief executive of the united states. if you can't get a budget together and deal with debt as chief executive of the country, then you're a pretty weak leader. the reality is -- you have to put this in context. the problem isn't the crisis we're going through right now. the problem is the totally unprecedent unprecedented, out of control spending we're doing. the president of the united states has come to congress asking them to increase the debt ceiling more than any president has ever asked, ever. i mean this is way beyond any president has ever asked. he wonders, why do they want to reduce spending? because he's asking for a bigger increase in debt than any presiden
one of the big i guess thought processes on both sides is who loses most. if america goes to default. obviously, number one, the american people. but would it be a massive blow to the democrats or more of a blow to republicans? >> i think it will be a blow to both, probably roughly equal, depending on how you look at it. and i believe it would have to lay mostly at the feet of the president. chief executive of the united states. if you can't get a budget together and deal with debt as...
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Jul 19, 2011
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. >>> now to potentially big, big news in washington. debt talks, big news and a very significant step forward today, says president obama, just a short time ago. the president announced the so-called senate gang of six made of members from both parties has floated this new proposal that he, the president, can work with. the bipartisan group had thrown in the towel, ditched an earlier effort to find a debt reduction package okay to both parties and now at this late date 14 days until a potential government default. they're back with a plan that the president says includes deep spending cuts and, yes, also includes tax increases. here's the president. >> here's where we stand. we have a democratic president, an administration that is prepared to sign a tough package that includes both spending cuts, modifications to social security, medicaid, and medicare that would strengthen those systems and allow them to move forward and would include a revenue component. we now have a bipartisan group of senators who agree with that balanced approach
. >>> now to potentially big, big news in washington. debt talks, big news and a very significant step forward today, says president obama, just a short time ago. the president announced the so-called senate gang of six made of members from both parties has floated this new proposal that he, the president, can work with. the bipartisan group had thrown in the towel, ditched an earlier effort to find a debt reduction package okay to both parties and now at this late date 14 days until a...
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Jul 30, 2011
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is not powerful now as a big u.s. debt holder china will for sure be affected. >> reporter: in australia, too. >> makes it much more expensive for tourists to visit australia. those parts of our economy exposed to the tourist sector, we've spent a lot of money promoting australia overseas, are not going to benefit so greatly from that. >> reporter: in tokyo some economic experts see history repeating itself. they compared the current u.s. debt crisis to japan's crippling recession of the 1990s. >> it's exact replay of what we went through in japan 10, 15 years ago. >> reporter: however the debate plays out in washington, experts say the financial ripples will be felt around the world. >> it's an issue that really is lurking in the background of each and every economy of the world. >> reporter: jonathan man reporting. >> seven minutes past the hour. the politics of a deadline deal, anybody going to come out of this looking good? does it matter at this point? maria and lenny always looking good. we'll see if they sound
is not powerful now as a big u.s. debt holder china will for sure be affected. >> reporter: in australia, too. >> makes it much more expensive for tourists to visit australia. those parts of our economy exposed to the tourist sector, we've spent a lot of money promoting australia overseas, are not going to benefit so greatly from that. >> reporter: in tokyo some economic experts see history repeating itself. they compared the current u.s. debt crisis to japan's crippling...
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Jul 22, 2011
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call big pharma were distilling the raw leaf into a new drug. in vienna, dr. freud was fascinated. in 1884, he wrote the first major description, 70 pages, uber coca about cocaine. >> it was the miracle drug. if you had a stomach ache, you were nervous, if you were lethargic, needed energy, if you had tuberculosis, asthma, all sorts of things, it was going to cure what you had. >> reporter: meanwhile, by the mid 1890s, he was flirting with disaster as he wrote in an 1895 letter. >> he probably finally stopped using after he and a friend of his used cocaine on a patient and nearly killed her. >> by then, other doctors worried too. >> too many people were taking too much cocaine and then they were -- these patients were presenting basically as addicts who needed the stuff, they couldn't live without it. and that's when doctors began to say, huh, we better rethink this. >> today we know addiction is at least in part a physical disease. we understand more. >> i would hope that more people are skeptical of grandiose claims of new drugs, new pharmaceu
call big pharma were distilling the raw leaf into a new drug. in vienna, dr. freud was fascinated. in 1884, he wrote the first major description, 70 pages, uber coca about cocaine. >> it was the miracle drug. if you had a stomach ache, you were nervous, if you were lethargic, needed energy, if you had tuberculosis, asthma, all sorts of things, it was going to cure what you had. >> reporter: meanwhile, by the mid 1890s, he was flirting with disaster as he wrote in an 1895 letter....
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a big problem. they have a potential bankruptcy coming up that would be the largest of its kind in this country. stay with me. ♪ ♪ why can't we ♪ be friends >>> that is the question everybody is asking. washington d.c. the folks are talking to you. still waiting. keeping an eye on d.c. another interesting day of developments in the debt ceiling debate. democrats and republicans locked in a stalemate over what to do and running out of time. both houses of congress in session today on this saturday. here is a rundown of what is happening. the house starts debate at noon with a likely vote on a democratic proposal expected some time after 1:00 p.m. it is not expected to pass. on the senate side, they kickoff a debate at 1:00 p.m. eastern. debate there could last 12 plus hours before they even vote on whether to vote on the plan. they have to take a procedural vote after that. all this while the clock is ticking closer to tuesday. that is when the federal government could start defaulting on loans
a big problem. they have a potential bankruptcy coming up that would be the largest of its kind in this country. stay with me. ♪ ♪ why can't we ♪ be friends >>> that is the question everybody is asking. washington d.c. the folks are talking to you. still waiting. keeping an eye on d.c. another interesting day of developments in the debt ceiling debate. democrats and republicans locked in a stalemate over what to do and running out of time. both houses of congress in session today...
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Jul 3, 2011
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so the big, big change in a few weeks only, even a few days this week. >> i think you've hit on a relevantly important point here, before we all crown dsk a hero or a saint, let's keep in mind at the very least here he's a married guy that had sex with a hotel maid. he admitted that he had an affair with a subordinate that almost cost his him job and there's a french journalist that says back in 2003 he tried to rip her clothes off. should we be careful and not let the pendulum swing so far in this direction? >> yes, of course we have to be careful. that's probably one of the biggest lessons. we don't know that the story is over, when it's going to end, if it's going to end. for the journalists we probably should have been more cautious, even though here in the united states the covering of the situation has been much, much different from the french way. the french way was, first the shock, really, a huge shock in the first minutes of the arrestation. you have to keep in mind, for the french people there is emotion in this. it's not only a case. it's not only a guy who is a head of the imf.
so the big, big change in a few weeks only, even a few days this week. >> i think you've hit on a relevantly important point here, before we all crown dsk a hero or a saint, let's keep in mind at the very least here he's a married guy that had sex with a hotel maid. he admitted that he had an affair with a subordinate that almost cost his him job and there's a french journalist that says back in 2003 he tried to rip her clothes off. should we be careful and not let the pendulum swing so...
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Jul 30, 2011
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you heard harry reid speak moments ago, a big thumbs down over there, and then -- then -- we will move on. but the number of votes on either side really doesn't matter so much as this number. the number of days and hours now left until the money runs out. this is what we've been warning about for weeks and weeks. still, the vote today was enough to allow the republicans to spike the ball into boehner's court. and he did so with a vengeance. >> i struck my neck out a mile to try and get in agreement with the president of the united states. i stuck my neck out a mile. and i put revenues on the table. in order to try to come to an agreement to avert us being where we are. but a lot of people in this town can never say yes. a lot of people can never say yes. this house has acted. and it is time for the administration and time for our colleagues across the aisle, put something on the table. tell us where you are! >> well, over in the senate, what they are putting on the table is mr. boehner's bill. they'll kill it over there. that's under way right now. we'll let you when the voting is done
you heard harry reid speak moments ago, a big thumbs down over there, and then -- then -- we will move on. but the number of votes on either side really doesn't matter so much as this number. the number of days and hours now left until the money runs out. this is what we've been warning about for weeks and weeks. still, the vote today was enough to allow the republicans to spike the ball into boehner's court. and he did so with a vengeance. >> i struck my neck out a mile to try and get in...
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Jul 22, 2011
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. >> so, now what is the big question? speaker boehner will rebut the president just about 14 minutes from now. we'll take you there live. in his letter to his colleagues, he said his preference now is to work on a plan in the congress. but the president expects the house and the senate leaders of both parties at the white house saturday morning. is this just theater before a deal or a recipe for gridlock and maybe an economy shattering government default? chief white house correspondent jessi jessica yellin, and kate bolduan, and gloria borger here, jess, the speaker doesn't want to negotiate anymore, and this is not a president known for his anger or his temper, but he seemed pretty piqued. >> reporter: this was the president hitting by far his most frustrated, fed-up note during the debt negotiations by far, john. we heard him say that the republicans just don't know how to say yes. that he offered the most generous package he could. in short he said that he offered them a deal that democrats just didn't like. he was ba
. >> so, now what is the big question? speaker boehner will rebut the president just about 14 minutes from now. we'll take you there live. in his letter to his colleagues, he said his preference now is to work on a plan in the congress. but the president expects the house and the senate leaders of both parties at the white house saturday morning. is this just theater before a deal or a recipe for gridlock and maybe an economy shattering government default? chief white house correspondent...
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Jul 22, 2011
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no big deal. time after time as far as weather-related fatalities are concerned, heat is number one. more than hurricanes, more than tornados and more than floods. this needs to be taken seriously and you need to do what you can do to stay cool and give those a break outside in the heat. heat advisories for a good 29 or so states. heat indices are up over 110 and 120 in some areas. with that we have temperatures dangerously hot. it's peaking across parts of the northeast. the i-95 corridor we see the bulk of the heat. right now we look at temperatures that feel like they're up and over 110 degrees. 111 right now is the heat index in atlantic city, 110 in d.c. not only do we see temperature that is feel like they're over 110 degrees today, but we'll feel them tomorrow as well. the heat will break on sunday. until then it's dangerously hot. the actual temperatures alone as measured in the shade, don, without humidity we could set all-time record highs in some larger cities. it's going to be a histor
no big deal. time after time as far as weather-related fatalities are concerned, heat is number one. more than hurricanes, more than tornados and more than floods. this needs to be taken seriously and you need to do what you can do to stay cool and give those a break outside in the heat. heat advisories for a good 29 or so states. heat indices are up over 110 and 120 in some areas. with that we have temperatures dangerously hot. it's peaking across parts of the northeast. the i-95 corridor we...
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Jul 30, 2011
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but if you raise the debt ceiling and don't cut spending, you'll have the same big problems. that's the answer to your question. the compromise has to cut spending. we have to respond to what everybody in america is saying and what the world credit markets are saying which is our problem isn't the debt ceiling. our problem is the debt. >> cutting spending and the balanced budget amendment are two different things. one may accomplish the other, but this they are still separate things. is the balanced budget amendment a drop-dead requirement? >> i don't have a drop-dead requirement? i have a whole host of things that my constituents have sent me here to do. cutting spending is one thing and balancing the budge set another thing. what we can do right now is make sure we're cutting spending today. don't give me a deal that cuts spending ten years down the road. show me what you're going to do this year and next year, before americans go back to the polls. >> simple but sort of strange question. are you happy tonight? >> i'm not happy tonight. we started this process back in febru
but if you raise the debt ceiling and don't cut spending, you'll have the same big problems. that's the answer to your question. the compromise has to cut spending. we have to respond to what everybody in america is saying and what the world credit markets are saying which is our problem isn't the debt ceiling. our problem is the debt. >> cutting spending and the balanced budget amendment are two different things. one may accomplish the other, but this they are still separate things. is...
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Jul 13, 2011
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and that's the big thing here. it's not about the money, suzanne. it's about the 40 other families that were calling texas equusearch at the time and saying, can you look for our missing child, and they said no, because we're working on the anthony case. >> what about the sheriff's statement? the sheriff said when she is released, there is not going to be any kind of preferential treatment and they're not going to provide security for her once she leaves, but a lot of people have said, including herself, that she's in danger, she could be a target of threats. how do they handle that? >> what they're going to do is honestly try to keep her safe while she is in their custody, and once she's released, they have no duty to her anymore unless, of course, they get a 911 call from her or there's a valid threat, then they'll go and make sure she's fine. but they are a public police force. they are the taxpayer's people, so they're not a private security force. they don't have any contract with her, they have no duty beyond the duty they owe to all citizens
and that's the big thing here. it's not about the money, suzanne. it's about the 40 other families that were calling texas equusearch at the time and saying, can you look for our missing child, and they said no, because we're working on the anthony case. >> what about the sheriff's statement? the sheriff said when she is released, there is not going to be any kind of preferential treatment and they're not going to provide security for her once she leaves, but a lot of people have said,...
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Jul 18, 2011
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it's a big chain of dominoes. you're free to pick the one that frightens you the most, but at the core of it for me would be the run on job losses again from the new recession that will be born. kelly writes severe poverty breeds crime, disease, suffering and insurgency. we know this. hey big business. we don't get paid, you don't get paid, understand? i'm disabled. my social security check is the only thing i live on. if i don't get my check, i'll have nothing to live on. i imagine this applies to thousands of people. carol in mass mass, as a former international banker, i'm not scared at all. it's a global economy. we all need each other. rating agencies have become meaningless. life will go on. what scares me is how dug in the tea party is in trying to eliminate government. but don't take aware their medicare. jim in colorado says losing my house, potentially my job and seeing years of hard work building my life flushed down the toilet by a bunch of self issued logs who are not representing the majority of citi
it's a big chain of dominoes. you're free to pick the one that frightens you the most, but at the core of it for me would be the run on job losses again from the new recession that will be born. kelly writes severe poverty breeds crime, disease, suffering and insurgency. we know this. hey big business. we don't get paid, you don't get paid, understand? i'm disabled. my social security check is the only thing i live on. if i don't get my check, i'll have nothing to live on. i imagine this...
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Jul 18, 2011
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japan came into this tournament as the big underdogs. nobody expected them to even get to the finals, let alone beat the u.s. they also knocked out sweden. they knocked out germany and it was just absolutely incredible. when they started the match, everyone was saying they have more skill, better possession of the ball, know how to control and pass it. the americans really did a good job, too. it seems the japanese were a little nervous to start off with. the u.s. had possession. they were aggressive. they came hard out of the gate. they were very unlucky. they had a lot of opportunities and just kept missing. just the mistakes they were making on the defense line that let the two japanese goals in. everyone thought it was a done deal at the end of extra time. a few minutes to go. the japanese, boom, scored it in. it came down to penalties. kind of an unfairway of deciding but somebody has to win. president barack obama sent out a tweet. couldn't be prouder of the u.s. after a hard-fought game. congratulations to japan, women's world cup
japan came into this tournament as the big underdogs. nobody expected them to even get to the finals, let alone beat the u.s. they also knocked out sweden. they knocked out germany and it was just absolutely incredible. when they started the match, everyone was saying they have more skill, better possession of the ball, know how to control and pass it. the americans really did a good job, too. it seems the japanese were a little nervous to start off with. the u.s. had possession. they were...
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Jul 31, 2011
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now the big guy comes up to bat, hitting .342 with 92 rbis and 36 homers. [fans whirring] [ding] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. >>> welcome back to "state of the union." i am gloria borger. candy crowley is off today. and joining me from south dakota, mr. san de, i have to ask you off the bat. you have been listening out there this morning. what is your reaction to what you are hearing from mitch mcconnell and senator schumer? >> great news. sounds like we will avoid a crisis. $3 trillion in deficit reduction over the next ten years is more than what i would have expected. if they follow-through on that it's great news. it gets us close to the fiscal responsibility, and that's what we need to get to to restore stau stainability in the fiscal responsibility. if they pull it off i think we will be in good shape. >> how do you think the markets will react? >> very positively. i think the markets expect they will get som
now the big guy comes up to bat, hitting .342 with 92 rbis and 36 homers. [fans whirring] [ding] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. >>> welcome back to "state of the union." i am gloria borger. candy crowley is off today. and joining me from south dakota, mr. san de, i have to ask you off the bat. you have been listening out there this...
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Jul 29, 2011
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your conversation with senator paul is a fascinating snapshot of the big question. where do we go next. let's assume in a moment or two the house will pass this plan. we know the president says he would never sign it. we already know it is most unlikely to escape the senate and by tonight or tomorrow could be voted down in the senate. the question, wolf, after we go through the rituals. house republicans plant their flag right now and senate democrats plant their flag, when will the real negotiations begin? many people will tell you they can see the broad outlines of a deal. it's somewhere in the numbers around the reid plan. $2.5 trillion. you get cuts. you do it one time. not two like house republicans do and you can have cap in that plan and triggers for additional cuts in that plan if say the savings would come from iraq and afghanistan and don't materialize and votes on a balanced budget amendment but what the democrats reviews to do is tie an increase in the debt ceiling to passing the balanced budget amendment. you can see the rough outlines of a deal. any de
your conversation with senator paul is a fascinating snapshot of the big question. where do we go next. let's assume in a moment or two the house will pass this plan. we know the president says he would never sign it. we already know it is most unlikely to escape the senate and by tonight or tomorrow could be voted down in the senate. the question, wolf, after we go through the rituals. house republicans plant their flag right now and senate democrats plant their flag, when will the real...
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. >> that's the big question and the big factor at the center of all of this. they don't have a lot of time and they need to move both of these through both chambers of congress and somehow reconcile them, how they're going to do that. >> let me go back to the white house. it looks like these two plans, they're obviously a senate plan by majority leader harry reid and house plan by speaker john boehner. does the white house feel sidelined or left out of thf process? >> i had this question, too, and i talked with one official who said the president can't be sidelined. he is the president. he has the power of the veto pen. he's the one who says ultimately if something moves. although inthe thought is if he was given a plan that could get through congress, i think the thought is how could he do anything but sign it? but certainly the president and the white house have been very much in touch with senate democrats and the roll right now is that senate majority leader harry reid is pretty much the president's lifeline through this at this point. but there's no doubt
. >> that's the big question and the big factor at the center of all of this. they don't have a lot of time and they need to move both of these through both chambers of congress and somehow reconcile them, how they're going to do that. >> let me go back to the white house. it looks like these two plans, they're obviously a senate plan by majority leader harry reid and house plan by speaker john boehner. does the white house feel sidelined or left out of thf process? >> i had...
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you go out with what one big question? >> well, what do you think about what's going on in washington? what do you think of the president? what do you think of the republicans? but also,want to meet a lot of small business people on this trip. i want to hear about what kind of problems you're having inning to business these days. what does the economy look like from the bottom up
you go out with what one big question? >> well, what do you think about what's going on in washington? what do you think of the president? what do you think of the republicans? but also,want to meet a lot of small business people on this trip. i want to hear about what kind of problems you're having inning to business these days. what does the economy look like from the bottom up
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if they manage to defeat this vote today, this is going to be a big, big problem for markets. if they don't, you may see markets continue to tread water until there is a solution to this. now, remember, speaker boehner's plan is not likely one that is going to pass the senate. not likely one that is going to get past the president. the bottom line if there is some sense boehner has better control of h over hi members you may see markets allowing a little bit more time. right now markets are largely relaxing but ready to move if this doesn't go the right way. >> thanks, guys. >>> at the bottom of the hour, we will go to wall street for the opening bell and answer a question many of us have right now -- should we take our money out of the stock exchange and where do we put it if so. we will talk to a financial analyst about that. >>> cnn obtained dramatic new video taken minutes after the bombing of the government buildings in norway. it was shot by a hamburg who works in oslo and driving through a tunnel beneath the city's government plaza when the bomb went off. eight people k
if they manage to defeat this vote today, this is going to be a big, big problem for markets. if they don't, you may see markets continue to tread water until there is a solution to this. now, remember, speaker boehner's plan is not likely one that is going to pass the senate. not likely one that is going to get past the president. the bottom line if there is some sense boehner has better control of h over hi members you may see markets allowing a little bit more time. right now markets are...
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i think her big problem, the big question is, whether rick appearry geappear appear -- rick perry gets in, the governor from texas, because he would take some oxygen away from her. what's interesting, when michele bachmann came on the national scene a lot of people -- one republican described her to me as a sarah palin mini me. okay? and now there's not that sense anymore. in fact, lots of people are looking at michele bachmann and saying, actually, she's a very credible candidate, even when compared with sarah palin. and at a certain point, sarah palin has to decide whether she wants to run for the presidency or not, and republicans are getting very, very impatient, and at a certain point they're going to say you know what? we've got michele bachmann here. if rick perry gets in, we've got him in this field. they're both cultural conservatives. maybe sarah palin is too polarizing, and we don't need you in the field? >> some of michele bachmann supporters privately suggested to me, they don't want to publicly criticize sarah palin but say michele bachmann is much more substantive on the
i think her big problem, the big question is, whether rick appearry geappear appear -- rick perry gets in, the governor from texas, because he would take some oxygen away from her. what's interesting, when michele bachmann came on the national scene a lot of people -- one republican described her to me as a sarah palin mini me. okay? and now there's not that sense anymore. in fact, lots of people are looking at michele bachmann and saying, actually, she's a very credible candidate, even when...
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he's kind of a big deal within the beltway, a la youtube clips. i'll tweet out the link if you would like to hear it yourself. there's more buzz about house republicans. a movie about bank robbers, what they're listening to when they talk debt? >> the movie is called "the town" and republicans played a clip of the movie, affleck is in the movie, telling his buddy he needs some help, a lot of trust. i need your help, i can't tell you what it is, you can never ask me about it later and we're going to hurt some people. >> which car are we going to take? >> so they show this clip and then in the meeting, republican congressman allen west volunteers if figuratively to drive the car for the republican leadership, but not lost on all of this is what the affleck character in the movie actually does. he and his buddy basically engage in a violent beatdown of a couple of other guys at an apartment. and then suddenly this movie starts provoking jabs from democrats, including affleck. the huffington post reports that affleck says republicans ought to watch hi
he's kind of a big deal within the beltway, a la youtube clips. i'll tweet out the link if you would like to hear it yourself. there's more buzz about house republicans. a movie about bank robbers, what they're listening to when they talk debt? >> the movie is called "the town" and republicans played a clip of the movie, affleck is in the movie, telling his buddy he needs some help, a lot of trust. i need your help, i can't tell you what it is, you can never ask me about it...
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we will see just how big this ends up being. clearly, it is a significant development in light of what we have seen just sunday, just yesterday, when the news of the world decided to shut down because of its own alleged bad behavior. i want to go back to following what president obama is going to be saying very shortly out of the white house briefing room. obviously, bringing us up to speed about these negotiations that are taking place, democrats, republicans and the president over raising the debt limit, the debt ceiling and what this means in terms of budget cuts, what it means in terms of tax hikes and where they are in this deal. i want to bring back our financial analyst, ali velshi. ali, there is something that is very curious here. we have heard from the treasury secretary, geithner. we have also heard from them too. debt ceiling talks, really important. both of them linking it here. they don't really necessarily have to do with one another. do we think we are going to hear from the president? is he going to make a conne
we will see just how big this ends up being. clearly, it is a significant development in light of what we have seen just sunday, just yesterday, when the news of the world decided to shut down because of its own alleged bad behavior. i want to go back to following what president obama is going to be saying very shortly out of the white house briefing room. obviously, bringing us up to speed about these negotiations that are taking place, democrats, republicans and the president over raising the...
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but the rain will be the big deal. here's where it is on the satellite picture. 50 miles an hour winds, heading in this direction, so should be here midnight tonight as far as actual landfall at the center. the expected landfall somewhere between here and brownsville, texas and again most of the action will be overnight tonight and tomorrow. rainfall will be significant, but not as widespread and not as significant as most would like. some of our computer models saying two to four inches. if we can get it all the way to west text texas, even better. over a foot deficit this places like san antonio and austin and houston. places like lubbock and midland have seen virtually nothing as far as what they normally see, so they'll take the rainfall that they can get. there have been evacuations from some of the oil rigs, nonessential person nenel from exxonmobile have evacuated some businesses, but other than that, we're waiting for the storm to arrive. it was around that time last year tropical storm hermine missed the area
but the rain will be the big deal. here's where it is on the satellite picture. 50 miles an hour winds, heading in this direction, so should be here midnight tonight as far as actual landfall at the center. the expected landfall somewhere between here and brownsville, texas and again most of the action will be overnight tonight and tomorrow. rainfall will be significant, but not as widespread and not as significant as most would like. some of our computer models saying two to four inches. if we...
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Jul 5, 2011
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this is big business duty-free shopping. shoppers spent $39 billion at duty-free shops last year. >> what items is it worth it to buy at these shops? >> reporter: this is the meaty part here. three examples of the top items people go for. perfume and cosmetics. i say buy it duty-free especially if it's a multipack with more savings. if you're looking for cigarettes, buy those duty-free as well. the fact is we pay a lot in taxes here in the u.s. electronics, though, buy those at a regular retail store because they are going to be cheaper at the regular retail store and you may need to return it if something happens. >>> what is in store for stocks today? a flat open. trading is expected as we come off the strongest week in two years. a fact orders report out in half an hour. see if that moves the markets at all. kyra, back to you. >> thanks, alison. >>> a portion of one of the nation's most pristine rivers polluted by an oil spill. the latest on the cleanup in four minutes. >>> duke and duchess hit prince edward island head-t
this is big business duty-free shopping. shoppers spent $39 billion at duty-free shops last year. >> what items is it worth it to buy at these shops? >> reporter: this is the meaty part here. three examples of the top items people go for. perfume and cosmetics. i say buy it duty-free especially if it's a multipack with more savings. if you're looking for cigarettes, buy those duty-free as well. the fact is we pay a lot in taxes here in the u.s. electronics, though, buy those at a...
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Jul 21, 2011
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let's talk about the other big story happening right now. sure, it is july, but the sweltering heat that's gripping much of the country right now is really nothing to brush off. i know you heard the word dangerous a lot, but know this. this heat wave has already killed as many as 22 people, 13 of them in kansas city, missouri alone, and as of today excessive heat warnings stretch from nebraska all the way to maine. in boston people are changing their routines. >> always running in the morning, but this week particularly because it's so hot i'm here at 4:30. >> reporter: >> all right. to sioux falls, south dakota, the heat isn't causing streets just to buckle. they are bursting. listen. >> we're seeing several areas across town where this concrete is blowing up. >> this is how hot it is in new haven, connecticut. a bridge is swollen shot. crews are out there trying to shave about an inch off the bridge to get it to open up before the weekend. the heat is putting pressure on the power grid, too. chicago's heat index has been well above 100 for
let's talk about the other big story happening right now. sure, it is july, but the sweltering heat that's gripping much of the country right now is really nothing to brush off. i know you heard the word dangerous a lot, but know this. this heat wave has already killed as many as 22 people, 13 of them in kansas city, missouri alone, and as of today excessive heat warnings stretch from nebraska all the way to maine. in boston people are changing their routines. >> always running in the...
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Jul 30, 2011
07/11
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as a big u.s. debt holder, china will for sure be affected. >> reporter: and in australia, too. >> it makes it much more expensive for tourists to visit australia. so those parts of our economy exposed to the tourist sector, and we've done a lot and spent a lot of money promoting australia overseas are not going to benefit so greatly from that. >> reporter: in tokyo, some economic experts see history repeating itself. they compare the current u.s. debt crisis to japan's crippling recession of the 1990s. >> it's the exact replay of what we went through in japan 10, 15 years ago. >> reporter: however the debate plays out in washington, experts say the financial ripples will be felt around the world. >> it's an issue that really is lurking in the background of each and every economy of the world. >> reporter: jonathan mann reporting. >>> all right. we've got a story we want you to stick around for coming up next. could you believe that a soldier actually served ten tours in a war zone. i want to tell
as a big u.s. debt holder, china will for sure be affected. >> reporter: and in australia, too. >> it makes it much more expensive for tourists to visit australia. so those parts of our economy exposed to the tourist sector, and we've done a lot and spent a lot of money promoting australia overseas are not going to benefit so greatly from that. >> reporter: in tokyo, some economic experts see history repeating itself. they compare the current u.s. debt crisis to japan's...
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Jul 11, 2011
07/11
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all i could see was big cheeks. >> big cheeks, little squeezable thighs. maybe not so little. 16 pounds, folks. this little one is 16 pounds and he's only wearing his birthday suit. elizabeth cohen tells us how this guy broke a record and whether it's becoming a trend. "reporter roulette" is next. >> gas prices aren't getting any cheaper. it's time to play "reporter roulette." we're going to go to you alison salison alison kosik. let's talk about this day on wall street and the numbers very much affected by the debt talks. no one is coming to a final conclusion yet. >> oh, yes. stocks took a beating. it was all about that one word debt, here, there and everywhere. you know, in europe, step aside, greece. worries that the world's seventh biggest economy will default on its debt really set stocks off into a tail spin. here in the u.s., we still don't have a deal on raising the u.s. debt ceiling and apparently neither side is willing to domp mize on key issues. we're getting close to that deadline august 2. it's making investors really nervous. i've got a sil
all i could see was big cheeks. >> big cheeks, little squeezable thighs. maybe not so little. 16 pounds, folks. this little one is 16 pounds and he's only wearing his birthday suit. elizabeth cohen tells us how this guy broke a record and whether it's becoming a trend. "reporter roulette" is next. >> gas prices aren't getting any cheaper. it's time to play "reporter roulette." we're going to go to you alison salison alison kosik. let's talk about this day on wall...
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Jul 30, 2011
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that is a big statement. i'll tell you almost as quickly as we heard that come from the top republican in the senate we also heard from senate majority leader harry reid as he was returning to the capitol from a meeting at the white house with the president. he was asked if they were any closer to an agreement and reid said very firmly no. one reason could be is we're hearing from democratic leadership aides in the senate, the possible pessimism they said republicans have not moved off from their position that they support the house speaker john boehner's bill. what we're seeing a lot of is a lot of back and forth here. it is a very fluid situation as you know, wolf. one thing we're keeping our eye on is potential for a very late night, 1:00 a.m. vote, the first test, a test vote for senator reid's proposal to raise the federal debt ceiling as he's pushing that proposal forward at the same time. >> they need 60 votes for reid's proposal to get through the senate because the republicans at least some of them a
that is a big statement. i'll tell you almost as quickly as we heard that come from the top republican in the senate we also heard from senate majority leader harry reid as he was returning to the capitol from a meeting at the white house with the president. he was asked if they were any closer to an agreement and reid said very firmly no. one reason could be is we're hearing from democratic leadership aides in the senate, the possible pessimism they said republicans have not moved off from...
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Jul 27, 2011
07/11
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so that is a big deal. the other thing is that what is more important is the loss perhaps in credibility. the speaker said his plan was going to, you know, save something like over a trillion dollars. but it only saves about $850 billion. so that's a bill difference, too. a question of credibility. on the other hand, he buys some time, because there are a number of people in the house of representatives, some of whom who actually spoke out last night and said this thing is not going to pass. i'm not going to vote for it. he gets a little bit more time to try to drum up the support he needs, because once he puts something on the floor, he has got to get a yea vote. >> all right. dan, you know, there is some talk of a band-aid slash patch approach. what would that do? >> reporter: well, look. a message you've heard from the white house last week or so, that the president does not embrace a short-term deal, but if, in fact, it does appear that there is some compromise happening, that both sides have agreed to
so that is a big deal. the other thing is that what is more important is the loss perhaps in credibility. the speaker said his plan was going to, you know, save something like over a trillion dollars. but it only saves about $850 billion. so that's a bill difference, too. a question of credibility. on the other hand, he buys some time, because there are a number of people in the house of representatives, some of whom who actually spoke out last night and said this thing is not going to pass....